USAREC is not currently accepting streamlined requests for waivers. ALL requests for waivers must be submitted with the applicant's packet in accordance with instructions found on the Warrant Officer Recruiting Home Page http://www.usarec.army.mil/hq/warrant/index.shtml under Hot Topics then Waivers.
Bidding War A bidding war refers to the competition that can often take place between two or more viable buyers at a foreclosure auction. In many states, homes that are foreclosed will be sold by the bank at an auction proceeding. The bidding war is what happens when two or more buyers eye the property at that auction.
competitive bidding. Transparent' procurement method in which bids from competing contractors, suppliers, or vendors are invited by openly advertising the scope, specifications, and terms and conditions of the proposed contract as well as the criteria by which the bids will be evaluated. Competitive bidding aims at obtaining goods and services at the lowest prices by stimulating competition, and by preventing favoritism. In (1) open competitive bidding (also called open bidding), the sealed bids are opened in full view of all who may wish to witness the bid opening; in (2) closed competitive bidding (also called closed bidding), the sealed bids are opened in presence only of authorized personnel.